Fluor bags EPC contract at Sadara complex

(Arabian Oil and Gas) -- An engineering, procurement and construction management (EPCM) contract for utilities, offsites and infrastructure at the new Sadara chemical complex in Jubail, Saudi Arabia has been awarded to Fluor by Saudi Aramco.


A JV between Saudi Aramco and Dow, the new chemicals complex is expected to be the largest single-phase development in the world, with a planned investment of USD 20bn.


Fluor's al-Khobar in Saudi Arabia, Farnborough in the UK, Manila in the Philippines and Houston offices will collaborate on delivering the contract requirements.


MRC

BASF to present innovative products for the solar industry

(BASF) - - BASF will exhibit at the 26th European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC), presenting its range of innovative products for the solar industry. This year's conference and exhibition, which belong to the most important in this field, will be taking place in Hamburg, Germany.


A new photovoltaic concept study, developed by SCHOTT Solar and BASF, comprises a one-piece plastic pan, which can be installed on the roof instead of the conventional roofing, and a frameless double-glazed module. After installing the pan on the roof substructure, in a second step the double-glazed module only needs to be inserted into the pan's precision mounting system and secured in position by means of an integrated latch - tool-free and screw-free. A plastic handle as well as integrated support edges of the plastic pan facilitate the installation. Thanks to the rain channels, cable channels and a large opening in the center of the pan, the photovoltaic module weighs only 8 kg and has adequate back ventilation . The plastic that makes these characteristics possible is Ultramid B High Speed by BASF (polyamide 6): the material is not only easy-flowing but also tough, rigid and weather-resistant - and it satisfies the criteria required for such construction applications.


Alongside the product innovation plastic pan, BASF presents SELURIS Clean, the eco-friendly cleaning fluid and the plastics Ultramid for manufacturing connectors and junction boxes again this year. Moreover, plastic additives like Uvinul and Irganox, cutting fluids from the Pluriol range, inks and pastes for metallization (Cyposol) and polyurethane casting systems COLO-FAST for framing will be topics on the BASF booth.


MRC

Solvay's bid to become a world leader reached the finishing line

(Expatica) -- Belgian chemicals giant Solvay's bid to become a world leader reached the finishing line on Friday, when EU anti-trust regulators cleared its 3.4-billion-euro (USD 4.8-billion) takeover of France's Rhodia.


The European Commission said checks "concluded that the proposed transaction would not raise competition concerns because a sufficient number of competitors will remain active on all markets concerned."


Brussels regulators decided that "there will be a number of credible and significant competitors who will continue to exercise a competitive constraint on the merged entity in each of the relevant markets."


The EU decision was the last remaining hurdle to the new business, expected to have annual sales of some 12 billion euros, benefitting from an increased exposure to emerging markets, thanks to Rhodia's stronger presence in Brazil and China.


The deal was expected to bring annual cost savings of EUR 250 million within three years.


MRC

Bayer provides immediate aid in East Africa

(Bayer) -- In light of the catastrophic drought in East Africa, Bayer has provided immediate aid in the form of a EUR 100.000 donation to the U.N. World Food Programme (WFP).


The UN World Food Programme is the world's largest humanitarian agency and needs to provide food assistance to more than eleven million people in East Africa. Through airlifts to Mogadishu WFP is delivering special food for undernourished children in the region. Approximatly 500,000 refugees in reception camps in Kenya are also being supported by the WFP. A


Bayer's donation is being handled by its Kenya-based subsidiary Bayer East Africa. Alongside these immediate measures, Bayer is currently sounding out other projects that could make a long-term contribution in the region.


MRC

PE buyers in Europe are in no hurry to settle prices for August

(ICIS) -- Polyethylene (PE) buyers in Europe are in no hurry to settle prices for August as upstream volatility continues to affect crude oil pricing and demand remains soft, in spite of bullish talk from producers that are targeting price increases, several said on Monday.


Food packaging, which has so far weathered the storm of poor demand, is beginning to be affected. UK-based Premier Foods reported an unprecedented slump in half-year profits earlier this month, blaming ⌠a combination of reduced consumer spending and significant raw-material inflation. The southern European buyer of PE for food packaging said that most of its manufacturing was for distribution within Europe as a whole, and that all regions had shown a drop in demand.
Another buyer told the same story.


Some PE producers in Europe made public price-hike announcements, with Dow looking for an increase of EUR 100/tonne (USD 143/tonne) in August. Others talked of plus EUR 50/tonne.


MRC